CSX Corp. (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in North America. The company offers traditional rail service, and the transport of intermodal containers and trailers. It also provides coast-to-coast intermodal transportation services linking customers to railroads, through trucks and terminals. CSX Corporation transports crushed stone, sand and gravel, metal, phosphate, fertilizer, food, consumer, agricultural, paper, and chemical products. In addition, it delivers coal, coke, and iron ore to electricity generating power plants, as well as finished vehicles and auto parts. The company also engages in the real estate sale, leasing, acquisition, and management and development activities; and the operation of a resort. As of December 26, 2008, it operated approximately 21,000 route mile rail network, 4,143 locomotives, and 224,000 freight car fleet serving various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec. The company was founded in 1978 and is based in Jacksonville, Florida.

For the thirty nine weeks ended 29 September 2006, CSX Corporation's revenues increased 12% to $7.17B. Net income from continuing operations increased 99% to 963M. Revenues reflect higher sales from Rail and Intermodal segments. Net income also reflects the presence of gain on insurance recoveries, decreased building & equipment rent expenses, increased other operating income and the absence of debt repurchase expense.